Lease Agreement

IS Solutions PLC 3 May 2000 I S Solutions Plc New Premises The Directors are pleased to announce that on 25 April 2000 the Company entered into a 15 year lease on new premises in Sunbury-on-Thames. The new premises, comprising 19,000 square feet, are substantially larger than the Company's current premises and John Lythall, Chief Executive, commented 'provide the Group with the necessary additional capacity it will require as it expands. We anticipate moving in by June 2000 and it will be the intention to sub-let our existing premises'. The Company has secured preferential rental arrangements for the first 12 months and thereafter the rental is £242,000 per annum with rent reviews in year 5 and 10.
UK 100

Latest directors dealings